OZL
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0.00% $26.44 oz minerals limited

is ozl a funds manager?

  1. byron08
    2,369 Posts.
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    21/03/12
    21:50
    Post #: 9874642
    If Ozl cant equity account its shareholding in Sfr (or any other 'strategic' investments), is Ozl nothing more than a passive funds manager?

    With the rapidly escalating costs of Prominent Hill and the depletion of the supergene gold ore (not to mention the bloated overheads of Ozl's head office), then Ozl's profits is going to fall dramatically and very quickly.

    Time to liquidate the company and return the proceeds to shareholders?
    OZL Price at posting: $9.84 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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